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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ)
BNEZ 0.00Sep 18 5:00 PM EST

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To: TopCat who wrote ()1/5/1999 8:18:00 AM
From: jmt  Read Replies (1) of 9391
 
For God's sake Ellen.....take some business courses....you are embarrassing any intelligent person on this thread!

TC:

I don't understand your criticism.

If the retailers have right of return for unsold products, the correct accounting would be not to book revenue (sales) on shipment, but to wait until receivables are collected, which represents sales to the end user.

jmt
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